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4971 Scandia Trl
Forest Lake, MN 55025
Hwy 97 - Master Commercial Development · Land For Sale · 12.45 AC

Investment Highlights

  • Prime frontage along Hwy 97 with visibility to over 19,000 vehicles per day.
  • Completed road improvements with infrastructure in place for development
  • Close proximity to Interstate 35 for convenient regional access
  • Flexible pad site options starting at one acre, with build-to-suit opportunities available

Executive Summary

Situated at the intersection of Hwy 97 and Fenway Ave N, this 24.2-acre site is part of a high-demand corridor designed to support diverse commercial users. With the ability to subdivide into one-acre pads, this opportunity gives owner-users and investors exceptional flexibility in a thriving trade area. Traffic counts exceed 19,600 VPD on Hwy 97/Scandia Trail and benefit from nearby access to Interstate 35, ensuring regional connectivity.

Property Facts

Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Building Class C
Total Lot Size 12.45 AC
No. Stories 2
Zoning MXR-1 - Mixed Single-Family Residential

3 Lots Available

Lot 1

Lot Size 12.45 AC

This prime development opportunity offers pad-ready sites along Hwy 97 in Forest Lake, positioned within a well-planned master commercial development. The property features a flexible parcel configuration to accommodate a mix of retail, office, medic

Lot 2

Lot Size 6.19 AC

This prime development opportunity offers pad-ready sites along Hwy 97 in Forest Lake, positioned within a well-planned master commercial development. The property features a flexible parcel configuration to accommodate a mix of retail, office, medic

Lot 3

Lot Size 5.56 AC

This prime development opportunity offers pad-ready sites along Hwy 97 in Forest Lake, positioned within a well-planned master commercial development. The property features a flexible parcel configuration to accommodate a mix of retail, office, medic

Description

The property is located at the intersection of Hwy 97 and Fenway Ave N in Forest Lake, MN. The site includes approximately 24.2 acres of commercially zoned land and offers subdividable parcels suited for mixed commercial use. Road improvements have been completed, and the property benefits from proximity to major transportation routes, including Interstate 35. Nearby amenities include convenience retailers and recreational facilities.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 19-032-21-12-0005
  • 19-032-21-11-0001
Land Assessment
$1,286,900
Improvements Assessment
$10,500
Total Assessment
$1,297,400
  • Listing ID: 40597709

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 4971 Scandia Trl, Forest Lake, MN 55025

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